Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
Results
Showing 1 to 20 of 29 for “"Optimal Contract"”.
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Optimal Contract Design for Co-development of Companion Diagnostics
… An increasingly significant issue is that of the optimal revenue/profit sharing or compensation schemes for such partnerships. We investigate the structure of an optimal compensation scheme under a scenario where a large pharmaceutical firm that is developing a drug intends to partner with a …
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Optimal long-term financing under ambiguous volatility
… volatility process show how it affects the optimal contract. Ambiguity aversion generates endogenous belief heterogeneity between the principal and the agent. Under the optimal contract, the agent always trusts the benchmark probability model, while the principal forms expectations as if …
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Essays on asymmetric information in government contracting
… consists of a set of essays which investigate optimal contracting policies in the presence of asymmetric information and uncertainty. The first essay studies how risk aversion and a sunk investment by the firm influence the contracting outcome. The government contracts with a single, …
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Towards a unified theory of procurement contract design : production flexibility, spot market trading, and contract structure
… in this work a unified approach and provide the optimal solution to the pricing problem of option contracts for a supplier of an industrial good in the presence of spot trading. Specifically, our approach fully and jointly endogenizes the determination of three major characteristics in contract …
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Essays on dynamic contracts
… dissertation consists of three essays on dynamic contracts. Chapter One studies a dynamic principal-agent model in which the agent continuously works on a project which may yield a success. The principal cannot observe the success, but she observes imperfect signals over time after the agent stops …
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ESSAYS ON GAME THEORY AND APPLICATIONS
… games. In the second chapter, we investigate the optimal contract for agents in a network and provide a new insight into "pay for performance relationships". We study the impacts of bridges on individual's equilibrium behavior in the third chapter. We construct an index to identify the key bridge …
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Essays on finance and macroeconomics
… disappears when agents are allowed to write contracts on the aggregate state of the economy. In contrast, I show how uncertainty shocks can drive balance sheet recessions with depressed asset prices and growth, and trigger a "flight to quality" event with low interest rates and high …
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Three Essays on Corporate Governance and Institutional Investors
… profitability. The second essay investigates the optimal contract with an informed money manager. Motivated by simple structure of portfolio managers' compensation and complex risk structure of returns, I show that it may be optimal for the principal to stay unaware about the true risk structure …
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Essays in political economics and information acquisition
… consists of three chapters respectively on optimal contracts to incentivize information acquisition, strategic voting, and conflict of interest. The first chapter, joint work with A. Clark, studies a principal-agent problem with limited-liability where an agent is hired to acquire …
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JLG MANLIFT SUPPORT FOR CRUDES WITHIN THE PACSOUTHWEST REGION
… John L. Grove (JLG) Manlift Support service contract in the Pacific region has led to increased shipboard Government Purchase Card (GCPC) expenses. Currently, ships are responsible for procuring JLG Manlift Support rental equipment to meet operational readiness and preservation requirements. …
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Deductible Insurance and Nonlinear Pricing
… of a policy by the consumer. In choosing an optimal policy the consumer decides how to allocate his initial wealth between consumption purchases, insurance purchases, and savings. This optimal choice depends directly upon the consumer's degree of risk aversion and his loss probabilities. …
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Mechanism Design Theory for Service Contracts
… for designing and optimizing maintenance service contracts through the application of mechanism design theory. When offering a contract to its customer, the maintenance service provider seeks to specify contract terms - such as price, service features and incentives - that maximize the provider's …
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Incentive design for quality investment by smallholder producers
… and cooperatives in China have adopted contract farming to strengthen food safety control during the sourcing process. Meanwhile, several pricing schemes are applied to incentivize the quality-improving effort from producers of different risk attitudes and defaulting likelihoods. In this …
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Essays on supply chain contracting and tactical decisions for inter-generational product transitions
… or product sourcing strategy. Chapter 2 studies optimal history-dependent contracts with multiple suppliers in a dynamic, uncertain, imperfect-information environment. The results provide an optimal contract structure for the manufacture and optimal performance and effort paths for the suppliers. …
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Essays on contract theory and organizational economics
… a non-parametric methodology for identifying contract optimality in the presence of moral hazard. Following the first order approach, a standard method of computing optimal contracts, the paper first proves two theoretical properties of the solutions to the moral hazard problem. First, we show …
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Essays on International economics by Sergi Basco.
… financial institution differences affect the optimal contract offered to the supplier and are enough to generate a product cycle. Production is kept in North when the good is new and it is shifted to the South as it becomes more standardized.
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Three Essays on Land Conservation Programs
… programs. The first essay investigates the optimal contract length of land conservation programs when a policy maker tries to maximize total environmental benefits from participation under a budget constraint. Result suggests that the cost-effectiveness of land conservation programs depends …
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Essays in Decision Theory
… to competitive markets with uncertainty and optimal contract design. The third Chapter discusses how a complexity averse agent measures the complexity cost of an act after she receives new information. I propose an updating rule for the complexity cost function called Minimal Complexity …
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Three Essays on the Economics of Hydraulic Fracturing
… The first essay examines the effect of initial contract length on extraction behavior and social costs. It finds that the rate of extraction decreases over time for both, the social planner and the private extractor. In addition, the social planner has a more stable extraction path compared to …
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Essays in macroeconomics : information and financial markets
… the aggregate of the economy. Investors solve an optimal contracting problem to induce financial institutions to allocate their investment optimally. We then study how investment decisions are affected when financial securities are introduced that allow agents to trade their risks. Investors do …
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